Gold showing a rare & bearish MA pattern GOLD FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) COMEX:GC1! Kazparov Gold has a unique pattern in its daily Moving Averages 20 & 50 daily MA's are encapsulated within the 100 and 200, the short term ones are pointing down and they are all relatively equidistant. From what I can see this has only really happened a few times. April 1996 and it signaled a 3 year bear market with a 35% slide Happened twice in 2011 and 2013 after gold had peaked. The first example set up sideways price action and the second setup a drop of 28% 6 months later. 2018 less of a clear signal but price was 7% lower 9months later May 2008 price dropped 20% six months later Dec 1980 set up a year and a half long slide of nearly 50% Also in every single case this daily MA pattern preceded a bearish weekly crossover by a couple months 1980 1996 2008 2011/12 2018 I'm not short gold here. Certainly the price action could change. But that pattern does seem to have a historic signal into a bear market. I will watch for the 20MA to cross the 200 on th daily.